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Wahpeton council adopts financial reports, tables insurance increase; schedules Oct. 29 budget hearing
Summary
The Wahpeton City Council on Oct. 13 adopted two fiscal reports, tabled approval of a 7.05% health insurance rate increase pending staff analysis, entered and exited a closed-session on litigation, and agreed to an Oct. 29 hearing for FY 2026/27 funding requests.
The Wahpeton City Council voted Oct. 13 to adopt two financial reports and directed staff to follow up on several fiscal items. Council approved Resolution 25-22, the Street Finance Report for fiscal year 2024–2025, and Resolution 25-23, the City of Wahpeton 2025 Financial Report for the fiscal year ending June 30, 2025; both resolutions passed unanimously and the clerk was directed to publish the financial report.
On employee benefits, the council tabled action on a proposed 7.05 percent health insurance increase. The motion, made by Tom Rierson and seconded by Holly Mead, directed City Clerk/Administrator Carrie Funk and Scott Simpson of Assured Partners to analyze alternative plan options and present recommendations at the November council meeting. The council also asked Funk to explore placing the insurance-claim reserve in a FlexCD estimated to earn about 4 percent interest.
The council voted to enter closed session under Iowa Code Section 21.5(1)(c) to discuss litigation strategy with legal counsel and later voted to leave closed session; no substantive public details were disclosed in the minutes. The council also tabled consideration of a Bargen quote and set Wednesday, Oct. 29, 2025, at 5:00 p.m. to hear requests for FY 26/27 funding.
Administrative reports noted total revenues for Sept. 2025 of $326,759.62 and total expenses of $121,492.40; line-item fund balances included $56,842.36 in the General Fund and $12,504.60 in the Water Plant Project fund. Clerk/Administrator Funk said a new copier will be installed Nov. 5 and staff expect the Turtle Lake dredge project to begin within the week.
